Segment Information

6 Months Ended

Jun. 30, 2014

Segment Reporting [Abstract]

Segment Information

Note 7 - Segment Information

The Company conducts and manages its business through four segments. The three operating segments, representing the major lines of insurance business, are: property and casualty insurance, primarily personal lines automobile and homeowners products; retirement annuity products, primarily tax-qualified fixed and variable deposits; and life insurance. The Company does not allocate the impact of corporate-level transactions to the insurance segments, consistent with the basis for management’s evaluation of the results of those segments, but classifies those items in the fourth segment, corporate and other. In addition to ongoing transactions such as corporate debt service, realized investment gains and losses and certain public company expenses, such items have also included corporate debt retirement costs/gains, when applicable. Summarized financial information for these segments is as follows:

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2014			2013			2014			2013
Insurance premiums and contract charges earned
Property and casualty	$	144,658		$	139,457		$	288,550		$	277,393
Annuity		6,453			5,747			12,377			10,819
Life		28,027			26,357			53,614			52,507
Total	$	179,138		$	171,561		$	354,541		$	340,719
Net investment income
Property and casualty	$	9,455		$	9,100		$	18,740		$	18,070
Annuity		54,338			51,289			110,195			102,643
Life		17,842			17,210			35,976			34,529
Corporate and other		2			4			4			4
Intersegment eliminations		(232	)		(242	)		(466	)		(482	)
Total	$	81,405		$	77,361		$	164,449		$	154,764
Net income (loss)
Property and casualty	$	4,895		$	4,166		$	18,922		$	14,326
Annuity		11,573			9,230			23,812			20,291
Life		5,015			5,528			8,897			9,868
Corporate and other		(1,031	)		7,071			(2,813	)		8,522
Total	$	20,452		$	25,995		$	48,818		$	53,007

	June 30,				December 31,
	2014				2013
Assets
Property and casualty		$	1,079,368			$	1,001,561
Annuity			6,364,058				5,963,348
Life			1,882,043				1,743,084
Corporate and other			150,741				154,557
Intersegment eliminations			(30,035	)			(35,878	)
Total		$	9,446,175			$	8,826,672